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BTRC recommends five licences for 3G service

The Bangladesh Telecommunication Regulatory Commission on Wednesday sent to the telecommunication ministry the draft guideline for awarding five licences for 3G mobile service. Full story

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Allegations against SCBs pour in at central bank CIPC

A large number of clients of most of the state-owned commercial banks have lodged complaints against the banks at the newly-launched Customers’ Interest Protection Centre of the central bank, said Bangladesh Bank officials. Full story

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DGEN soars past 5,000-point mark

The benchmark general index of the Dhaka Stock Exchange crossed 5,000-points mark after a gap of more than two months on Wednesday when energy stocks along with market giant Grameenphone led the rally as retail investors... Full story

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FDI inflow falls short of desired level: BB governor

Bangladesh Bank governor Atiur Rahman on Wednesday said the level of foreign investment in the country remained low compared to what it should have been. ‘The level of foreign investment in Bangladesh is way short of what... Full story

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Digital marketing summit Saturday

The first-ever Digital Marketing Summit 2012 will be held in the city’s BRAC Centre Inn auditorium on Saturday. The summit titled, ‘Live Digital, Lead Digital, Go Digital’ is all about Digital Marketing Strategy... Full story

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Euro rangebound amid lack of trading pegs

The euro moved narrowly in Asia afternoon trade on Wednesday while the dollar weakened against the yen as investors looked for fresh trading pegs. The euro bought $1.3326 and 110.44 yen in Tokyo afternoon trade... Full story

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Asian markets mostly off after weak Wall Street

Asian markets mostly edged lower Wednesday following a slip on Wall Street and on profit-taking after the previous day’s strong showing. While there were few incentives to buy, the lingering concerns over China’s slowing... Full story

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Eurozone woes make BRICS ministers look inwards

Trade ministers from the BRICS group of emerging world economies spoke Wednesday of the need to strengthen the bloc’s internal trade as an antidote to problems in Europe. The ministers were meeting in New Delhi ahead of a summit... Full story

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Spain risks years without economic growth

Belt tightening in the board room and the living room, deep public budget cuts and anaemic bank lending may be setting Spain up for years of economic stagnation that could eventually force it to seek a bailout. Full story

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UK economy shrank more than expected in Q4

Britain’s economy shrank by more than expected in the last three months of 2011 than previously thought, driven down by a weaker services sector, official data showed on Wednesday. Full story

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HSBC Export Excellence Awards’ 3rd edition launched

The Hongkong and Shanghai Banking Corporation Limited in Bangladesh on Wednesday launched the third instalment of its annual export recognition programme titled ‘HSBC Export Excellence Awards 2011’. Full story

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Thailand offers investor tax incentive after floods

Thailand Wednesday approved a new tax incentive to stimulate investment in the country’s industrial heartland which was badly hit by last year’s floods, industry minister Pongsavas Savasti said. Full story

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